Want to create an interactive transcript for this episode?
Podcast: My Worst Investment Ever Podcast
Episode: Kevin Carter – The Math of Shorting a Stock Is Against You
Description: BIO: Kevin Carter is the Founder and CIO of the Emerging Markets Internet & Ecommerce ETF (NYSE: EMQQ) and Chairman of the EMQQ Index Committee.STORY: During the Dot-com boom, Kevin came across Amazon, but he dismissed it as just a bookstore not worth its valuation. He decided to short Amazon and lost a third of his net worth at the time. Had he bought the stock instead of short selling it, he would be $50,000 richer today.LEARNING: Short selling is a bad investment idea. Nobody can do a perfect valuation; always know that you are...